Central banking

ECB President Christine Lagarde speaks after rate decision

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Fed holds rates steady, takes less confident view on inflation

The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it…

European Central Bank to cut rates again with Trump threat in focus

The European Central Bank is widely expected to kick off its 2025 meetings with another interest rate cut on Thursday,…

Slower pace ahead for rate cuts

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could…

Euro zone inflation, December 2024

A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. …

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…

Bank of England holds rates but vote split surprises markets

The Bank of England pictured in December 2024. Sopa Images | Lightrocket | Getty Images LONDON — The Bank of…

Fed cuts rate by a quarter point

WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…

UK inflation, November 2024

The columns of Royal Exchange are dressed for Christmas, at Bank in the City of London, the capital’s financial district,…